Brookfield Renewable Partners (TSE:BEP.UN) Hits New 1-Year High at $49.40
Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$49.40 and last traded at C$49.22, with a volume of 8344 shares trading hands. The stock had previously closed at C$49.28.
A number of research analysts recently weighed in on the company. CSFB lowered Brookfield Renewable Partners from an “outperform” rating to a “neutral” rating in a report on Thursday, July 25th. National Bank Financial upped their price objective on Brookfield Renewable Partners from C$31.50 to C$35.00 and gave the stock a “sector perform” rating in a report on Wednesday, July 10th.
The stock has a fifty day moving average of C$47.39 and a two-hundred day moving average of C$43.44. The stock has a market cap of $8.81 billion and a price-to-earnings ratio of 112.63. The company has a quick ratio of 0.51, a current ratio of 0.95 and a debt-to-equity ratio of 60.95.
Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities in the North America, Colombia, Brazil, Europe, and internationally. The company operates through Hydroelectric; Wind; and Solar, Storage, and others segments. It operates 840 generation facilities using hydro, solar, wind, biomass, and other renewable technologies.
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